Indiana Statutes
§ 14-13-1-38 — Tax exemptions
Indiana § 14-13-1-38
This text of Indiana § 14-13-1-38 (Tax exemptions) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 14-13-1-38 (2026).
Text
(a)The commission is not required to pay
any taxes or assessments upon any of the following:
(1)A project of the commission.
(2)A facility, betterment, or improvement within a project.
(3)Property acquired or used by the commission under this
chapter or IC 14-6-29 (before its repeal).
(4)The income or revenue from the property.
(b)The:
(1)bonds issued under this chapter or under IC 14-6-29 (before
its repeal);
(2)interest on the bonds;
(3)proceeds received by a holder from the sale of the bonds to the
extent of the holder's cost of acquisition;
(4)proceeds received upon redemption before maturity or
proceeds received at maturity; and
(5)receipt of interest and proceeds;
are exempt from taxation in Indiana for all purposes except the
financial institutions tax imposed under IC 6-
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Legislative History
As added by P.L.1-1995, SEC.6. Amended by P.L.254-1997(ss),
SEC.19; P.L.79-2017, SEC.61.
Nearby Sections
15
§ 14-10-1-1
Establishment and members of commission§ 14-10-1-2
Filling of vacancies of ex officio members§ 14-10-1-3
Citizen members§ 14-10-1-4
Per diem compensation and traveling expenses§ 14-10-1-5
Officers§ 14-10-1-6
Quorum§ 14-10-1-7
Meetings§ 14-10-2-1
Powers of commission§ 14-10-2-2
Repealed§ 14-10-2-2.5
Consolidated proceedings§ 14-10-2-3
Repealed§ 14-10-2-4
Adoption of rules§ 14-10-2-5
Rules§ 14-10-2-6
Notices of violationCite This Page — Counsel Stack
Bluebook (online)
Indiana § 14-13-1-38, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/14-13-1-38.